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Moldova
Introduction
Key Economic Facts
Moldova is a landlocked country in Eastern Europe, located
between Romania and Ukraine. The government system is
a republic; the chief of state is the president, and the head
of government is the prime minister.
Moldova has a mixed economic system
which includes a variety of private
freedom, combined with centralized
economic planning and government
regulation. Moldova is a member of the Central European
Free Trade Agreement (CEFTA).
Income Level (by per capita
GNI):
Level of Development:
GDP, PPP (current international
$):
GDP growth (annual %):
GDP per capita, PPP (current
international $):
External debt stocks, total
(DOD, current US$):
Manufacturing, value added (%
of GDP):
Current account balance (BoP,
current US$):
Inflation, consumer prices
(annual %):
Labor force, total:
Unemployment, total (% of
total labor force) (modeled ILO
estimate):
Imports of goods and services
(current US$):
Exports of goods and services
(current US$):
Location:
Capital City:
Chief of State:
Head of Govt.:
Currency:
Major Languages:
Eastern Europe
Chisinau (Kishinev) (+2 GMT)
President Igor Dodon
Prime Minister Pavel Filip
Moldovan leu (MDL)
Moldovan 58.8% (official; virtually the
same as the Romanian language),
Romanian 16.4%, Russian 16%,
Ukrainian 3.8%, Gagauz 3.1% (a
Turkish language), Bulgarian 1.1%,
other 0.3%, unspecified 0.4%
Primary Religions: Orthodox 93.3%, Baptist 1%, other
Christian 1.2%, other 0.9%, atheist
0.4%, none 1%, unspecified 2.2%
Calling Code: 373
Voltage: 220-240
Key Websites
Main Government Page: moldova.md
Export Promotion Agency: miepo.md
Investment Promotion miepo.md
Agency:
Risk Assessment (Provided by Coface)
Lower Middle Income
In Transition
$17.94 billion (2015)
-0.50% (2015)
$5,048.97 (2015)
$6,338,405,000.00 (2015)
13.97% (2015)
-$0.41 billion (2015)
9.68% (2015)
1,265,363 (2016)
4.98% (2016)
$4.87 billion (2015)
$2.85 billion (2015)
GDP Composition %
Agriculture
Industry
Manufacturing
14
14
14
Services
71
Country rating: D - A high-risk political and economic
situation and an often very difficult business environment
can have a very significant impact on corporate payment
behavior. Corporate default probability is very high.
Business Climate rating: C - The business environment is
difficult. Corporate financial information is often unavailable
and when available often unreliable. Debt collection is
unpredictable. The institutional framework has many
troublesome weaknesses. Intercompany transactions run
major risks in the difficult environments rated C.
Strengths
• Agricultural potential
• Small open economy attractive to foreign investments
• Relatively cheap labor
Weaknesses
• Dependence on remittances from workers abroad
• Political instability and social tensions
• Corruption and weak governance
U.S. Embassy
103 Mateevici street
Chisinau MD-2009
Republic of Moldova
2101 S Street NW, Washington D.C. 20008
Tel: (+373 22) 408 300
http://chisinau.usembassy.gov/
*Although Manufacturing is included in the Industry figures, it is also separately
reported because it plays a critical role in economy.
Rankings
Index
Corruption Perceptions Index
Global Competitiveness Index
Global Enabling Trade Index
Index of Economic Freedom
International Logistics Performance Index (LPI)
Inward FDI Potential Index
KOF Index of Globalization
Networked Readiness Index (NRI)
Rank
123 / 176
100 / 138
79 / 136
110 / 180
93 / 160
78 / 139
65 / 187
71 / 139
Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV